Establish and support community land trusts, which can acquire and hold land for the benefit of the community, ensuring long-term affordability and community input.
Advocate for and implement policies that promote affordable housing development, such as tax incentives, subsidies, and zoning reforms to encourage mixed-income neighborhoods.
Explore innovative financing models, including public-private partnerships, impact investments, and community development financial institutions (CDFIs), to fund affordable housing projects.
Implement programs to preserve existing affordable housing units, preventing the loss of affordability due to market pressures or neglect.
Review and revise zoning regulations to allow for increased housing density, promoting the construction of more units on available land and reducing development costs.
Expand and enhance the Low-Income Housing Tax Credit (LIHTC) program to encourage private investment in affordable housing projects.
Foster collaboration between public and private entities to leverage resources, expertise, and funding for affordable housing initiatives.
Simplify and streamline the regulatory process for affordable housing development, reducing bureaucratic hurdles and expediting project timelines.